NOT LISTED FOR SALE

Estimated Value: $2,260,000 - $3,251,000

2 Beds
2 Baths
905 Sq Ft
$3,242/Sq Ft Est. Value

Highlights

  • Updated Kitchen
  • Cathedral Ceiling
  • Granite Countertops
  • Top Of The World Elementary School Rated A
  • Furnished
  • No HOA

About This Home

As of April 2023

Owner has a vacancy to fill and is offering a SUBSTANTIAL REDUCTION as a result. May 2 through June 29, 2023, for the entire period, $10,800. Or, for 31 days at the beginning or the end of the same period, $5,400. Located downtown--two short blocks to the beach, is this sophisticated, high-end two bed, two bath, indoor/outdoor furnished cottage. The spacious private outdoor living areas (one in front and one in back) are surrounded by lush foliage, fountains, fruit trees and lovely stone hardscape. This HIP District close home is remodeled throughout and includes an upgraded gourmet (think chef's) kitchen with stainless-steel appliances, vaulted ceilings, finished two car garage with additional parking, washer/dryer, built-in backyard BBQ and fire/water feature, front yard patio with additional fire-feature, outdoor shower and a Life Source water system. Just a short walk to art galleries, shopping, Thalia Beach (surfing) and Laguna’s favorite restaurants. Small pet considered with pet deposit. The ultimate in Laguna Beach living.

Beginning in December 2023, Landlord is interested in 12 month rental. Only financially qualified renters please.

Last Agent to Rent the Property

Stephanie Allen

Sestra Realty License #01269571 Listed on: 04/06/2023

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,494

Year Built

  • Built in 1921

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway Level

Home Design

  • Duplex

Interior Spaces

  • 905 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Whole House Fan
  • Central Heating

Additional Features

  • Fireplace in Patio
  • Urban Location

Listing and Financial Details

  • Security Deposit $7,000
  • Rent includes all utilities, gardener, sewer, trash collection, water
  • Available 5/3/23
  • Legal Lot and Block 18 / 70
  • Tax Tract Number 416

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The Village Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $250
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,494

Year Built

Built in 1921

Lot Details

0

Parking

2

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-05-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 250
  • Deposit Security: 7000
  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Other Phone Description: 949 887-3640
  • Property Attached: No
  • Subdivision Name Other: The Village (VIL)
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 905.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Patio, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 5.97
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Driveway Level, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, On Site
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: All Utilities, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Block: 70
  • Tax Census Tract: 626.05
  • Tax Lot: 18
  • Tax Tract Number: 416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Oct 31, 2022
Sold by
Wolfe Jimenez and Wolfe Julie
Bought by
Ravencrest Group Llc
Seller's Agent
Stephanie Allen
Sestra Realty
Buyer's Agent
NoEmail NoEmail
None MRML
Sold Price
$8,000
Views
7
Current Estimated Value
$2,934,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,926,442
Original Mortgage
$1,855,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2022
Sold by
Thalia Street Qualified Personal Residen
Bought by
Jimenez Fernando and Jimenez Julie Wolfe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Pallas Brian L
Bought by
Pallas Brian L

Purchase Details

Closed on
Jun 14, 2002
Sold by
Mustin Sandi
Bought by
Pallas Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
5.1%

Purchase Details

Closed on
Dec 21, 2000
Sold by
Rowley Neal P and Rowley Martha
Bought by
Lee Ronald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.08%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ravencrest Group Llc -- --
Jimenez Fernando $2,680,000 Ticor Title
Pallas Brian L -- None Available
Pallas Brian L $770,000 Chicago Title Co
Lee Ronald S $550,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Fernando $1,855,000
Previous Owner Pallas Brian L $250,000
Previous Owner Pallas Brian L $1,275,000
Previous Owner Pallas Brian L $114,200
Previous Owner Pallas Brian L $1,000,000
Previous Owner Pallas Brian L $145,000
Previous Owner Pallas Brian L $584,000
Previous Owner Pallas Brian L $100,000
Previous Owner Pallas Brian L $577,500
Previous Owner Lee Ronald S $0
Previous Owner Lee Ronald S $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Rented $5,400 0.0% --
04/11/2023 04/11/23 Price Changed $5,400 -8.5% $6 / Sq Ft
04/06/2023 04/06/23 For Rent $5,900 +18.0% --
02/23/2023 02/23/23 Rented $5,000 -9.1% --
01/17/2023 01/17/23 Price Changed $5,500 +10.0% $6 / Sq Ft
01/04/2023 01/04/23 Under Contract -- -- --
12/07/2022 12/07/22 Price Changed $5,000 -13.8% $6 / Sq Ft
11/29/2022 11/29/22 For Rent $5,800 -27.5% --
11/29/2022 11/29/22 Rented $8,000 +37.9% --
11/04/2022 11/04/22 Price Changed $5,800 -6.5% $6 / Sq Ft
10/28/2022 10/28/22 Price Changed $6,200 -1.6% $7 / Sq Ft
10/28/2022 10/28/22 Price Changed $6,300 -1.6% $7 / Sq Ft
10/04/2022 10/04/22 For Rent $6,400 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,494 $2,788,272 $2,700,403 $87,869
2024 $29,494 $2,733,600 $2,647,453 $86,147
2023 $29,272 $2,680,000 $2,595,542 $84,458
2022 $14,533 $1,050,890 $955,944 $94,946
2021 $14,193 $1,030,285 $937,200 $93,085
2020 $13,936 $1,019,721 $927,590 $92,131
2019 $13,686 $999,727 $909,402 $90,325
2018 $11,563 $980,125 $891,571 $88,554
2017 $11,303 $960,907 $874,089 $86,818
2016 $11,057 $942,066 $856,950 $85,116
2015 $10,855 $927,916 $844,078 $83,838
2014 $10,627 $909,740 $827,544 $82,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23056552

California Regional Multiple Listing Service (CRMLS)

APN: 644-062-11